Pursuant to a mutual agreement signed today, Henric Andersson will leave his role as Board Member of Husqvarna AB and CEO of Husqvarna Group, effective immediately. He will remain employed by the Group until March 31. As previously announced, the Board has initiated a process to identify a successor. Until further notice, Pavel Hajman will continue as CEO.

"Henric has been with the Group for over 25 years and part of the Executive Team for 12 years. During the last 3 years he has held the position as CEO. He is well known throughout the Group and is a highly appreciated colleague and friend. Henric has played a key role in the development of the Group for many years and in particular during the last few years shaping our strategy to shape great customer experiences and innovate for the future. I want to sincerely thank Henric both for his significant contribution to the Group and for our time working together," says Tom Johnstone, chairman of the Husqvarna AB Board.

Husqvarna had announced on Jan. 20 that Andersson had taken a leave of absence for medical treatment and was unlikely to return to active status in the group "due to personal reasons."

Click here for more Industry News.